Can I retire at age 65 with 2,250,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$185,803$184,148$182,533$180,957$179,418$178,287
2 years$91,982$90,269$88,608$86,999$85,437$84,297
3 years$60,712$58,991$57,335$55,741$54,205$53,090
4 years$45,080$43,365$41,726$40,158$38,659$37,578
5 years$35,704$33,999$32,381$30,845$29,388$28,344
6 years$29,455$27,762$26,168$24,667$23,254$22,249
7 years$24,993$23,315$21,746$20,280$18,912$17,946
8 years$21,648$19,985$18,442$17,013$15,689$14,762
9 years$19,048$17,401$15,884$14,491$13,212$12,324
10 years$16,969$15,338$13,848$12,491$11,258$10,408
11 years$15,269$13,654$12,192$10,871$9,682$8,870
12 years$13,853$12,255$10,820$9,536$8,390$7,615
13 years$12,657$11,075$9,667$8,418$7,316$6,578
14 years$11,632$10,067$8,686$7,473$6,414$5,711
15 years$10,744$9,197$7,842$6,665$5,647$4,979
16 years$9,968$8,438$7,110$5,967$4,991$4,356
17 years$9,285$7,771$6,470$5,362$4,425$3,823
18 years$8,677$7,181$5,906$4,832$3,935$3,364
19 years$8,135$6,655$5,407$4,366$3,507$2,967
20 years$7,647$6,184$4,962$3,954$3,133$2,622
21 years$7,206$5,760$4,564$3,589$2,803$2,321
22 years$6,806$5,377$4,207$3,263$2,513$2,057
23 years$6,441$5,029$3,884$2,972$2,256$1,826
24 years$6,108$4,712$3,592$2,710$2,027$1,623
25 years$5,801$4,422$3,327$2,475$1,824$1,444
26 years$5,518$4,156$3,086$2,263$1,643$1,286
27 years$5,257$3,911$2,865$2,072$1,482$1,146
28 years$5,015$3,685$2,664$1,898$1,337$1,021
29 years$4,790$3,477$2,479$1,741$1,207$911
30 years$4,580$3,283$2,309$1,597$1,091$814
31 years$4,384$3,104$2,152$1,467$986$727
32 years$4,201$2,937$2,008$1,348$892$649
33 years$4,029$2,781$1,875$1,240$807$581
34 years$3,868$2,636$1,752$1,141$731$519
35 years$3,716$2,500$1,638$1,050$662$464
36 years$3,574$2,373$1,532$967$600$416
37 years$3,439$2,254$1,434$891$544$372
38 years$3,311$2,142$1,343$821$493$333
39 years$3,190$2,037$1,258$757$447$298
40 years$3,076$1,938$1,179$699$405$267
41 years$2,968$1,845$1,106$644$368$239
42 years$2,865$1,757$1,037$595$334$214
43 years$2,767$1,674$973$549$303$192
44 years$2,673$1,596$914$507$275$172
45 years$2,584$1,522$858$468$250$154
46 years$2,500$1,451$806$432$227$138
47 years$2,419$1,385$757$400$206$124
48 years$2,341$1,322$711$369$187$111
49 years$2,268$1,263$669$341$170$99
50 years$2,197$1,206$629$315$154$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $2,250,000, adding $5,424 every year, while hoping to spend $35,002 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 62/13/25 Blend
64$2,250,000$2,250,000$2,250,000$2,250,000
65$2,485,095$2,365,845$2,330,970$2,622,374
66$2,701,333$2,444,529$2,371,815$2,794,741
67$2,938,454$2,525,896$2,412,856$2,978,543
68$3,198,551$2,610,040$2,454,062$3,178,467
69$3,483,930$2,697,059$2,495,400$3,396,095
70$3,797,130$2,787,054$2,536,835$3,633,164
71$4,140,948$2,880,131$2,578,330$3,891,593
72$4,518,466$2,976,399$2,619,845$4,173,489
73$4,933,078$3,075,970$2,661,339$4,481,178
74$5,388,523$3,178,964$2,702,764$4,817,218
75$5,888,919$3,285,500$2,744,074$5,184,428
76$6,438,806$3,395,706$2,785,217$5,585,913
77$7,043,180$3,509,712$2,826,138$6,025,091
78$7,707,551$3,627,655$2,866,780$6,505,729
79$8,437,986$3,749,675$2,907,082$7,031,977
80$9,241,170$3,875,917$2,946,978$7,608,405
81$10,124,467$4,006,535$2,986,400$8,240,048
82$11,095,993$4,141,686$3,025,274$8,932,453
83$12,164,687$4,281,531$3,063,524$9,691,732
84$13,340,400$4,426,242$3,101,068$10,524,616
85$14,633,987$4,575,993$3,137,819$11,438,523
86$16,057,404$4,730,967$3,173,686$12,441,624
87$17,623,828$4,891,354$3,208,574$13,542,924
88$19,347,778$5,057,349$3,242,381$14,752,343
89$21,245,250$5,229,158$3,274,998$16,080,809
90$23,333,869$5,406,991$3,306,315$17,540,367
91$25,633,059$5,591,068$3,336,211$19,144,285
92$28,164,218$5,781,618$3,364,562$20,907,183
93$30,950,928$5,978,877$3,391,235$22,845,172
94$34,019,173$6,183,091$3,416,091$24,976,001
95$37,397,582$6,394,517$3,438,984$27,319,231
96$41,117,706$6,613,419$3,459,760$29,896,413
97$45,214,308$6,840,072$3,478,258$32,731,295
98$49,725,695$7,074,763$3,494,307$35,850,046
99$54,694,079$7,317,789$3,507,729$39,281,501
100$60,165,973$7,569,459$3,518,336$43,057,433